RBC Capital analyst Matthew Hedberg raised the firm’s price target on EverCommerce (EVCM) to $14 from $12 and keeps an Outperform rating on the shares. The company posted solid results relative to expectations in what the management called a stable demand environment, the analyst tells investors in a research note. RBC adds that it continues to like the building blocks for EverCommerce to deliver accelerated revenue growth and margin expansion in 2025.
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Read More on EVCM:
- EverCommerce price target raised to $11 from $10 at Piper Sandler
- EverCommerce price target raised to $15 from $12 at JMP Securities
- EverCommerce price target raised to $13 from $12 at Oppenheimer
- EverCommerce price target raised to $12 from $9 at Barclays
- EverCommerce price target raised to $12 from $10 at Jefferies
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